{"id":11052,"date":"2016-04-21T06:01:33","date_gmt":"2016-04-20T23:01:33","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/older-homeowners-unlocked-393m-from-properties-in-early-2016\/"},"modified":"2016-04-21T06:06:37","modified_gmt":"2016-04-20T23:06:37","slug":"older-homeowners-unlocked-393m-from-properties-in-early-2016","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/older-homeowners-unlocked-393m-from-properties-in-early-2016\/","title":{"rendered":"Older homeowners unlocked \u00a3393m from properties in early 2016"},"content":{"rendered":"<p>&#013;<br \/>\nEquity Release Council reports biggest quarter for lending in its 25-year history on the back of drawdown mortgagesOlder homeowners unlocked a record amount of value from their properties in the first three months of 2016, cashing in to the tune of \u00a3393m.The figures show housing wealth is \u201ccentre stage in financial planning for later life\u201d, said the Equity Release Council, which reported the biggest quarter for lending in its 25-year history. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.theguardian.com\/money\/2016\/apr\/21\/older-homeowners-unlocked-393m-from-properties-in-early-2016\" target=\"_blank\">Older homeowners unlocked \u00a3393m from properties in early 2016<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Equity Release Council reports biggest quarter for lending in its 25-year history on the back&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-11052","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-2Sg","jetpack-related-posts":[{"id":2621,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/equity-release-levels-hit-record-high-among-over-55s\/","url_meta":{"origin":11052,"position":0},"title":"Equity release levels hit record high among over-55s","date":"January 25, 2016","format":false,"excerpt":"\r More than 22,500 deals were agreed in 2015, showing a growing reliance on housing wealth as a key pillar of later-life financial planning A record amount of housing wealth was unlocked by homeowners aged 55 and over in 2015, with \u00a31.61bn withdrawn through specialist equity release plans.Lending was up\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115654,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/more-than-1000-hong-kong-homeowners-could-see-loans-exceed-value-of-properties-in-first-quarter\/","url_meta":{"origin":11052,"position":1},"title":"More than 1,000 Hong Kong homeowners could see loans exceed value of properties in first quarter","date":"April 16, 2020","format":false,"excerpt":"\r More than 1,000 homebuyers are on the verge of falling into negative equity in Hong Kong, after the prices of flats in some housing estates declined by more than 10 per cent from October last year, industry insiders said.Negative equity occurs when a home loan exceeds the market value\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":63432,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/900000-homeowners-pushed-into-negative-equity-says-mortgage-body\/","url_meta":{"origin":11052,"position":2},"title":"900,000 homeowners pushed into negative equity, says mortgage body","date":"April 17, 2009","format":false,"excerpt":"\r Figures show 1 in 10 property owners in north-east living in houses worth less than mortgageFalling house prices have pushed more than 900,000 homeowners into negative equity, according to the industry body representing mortgage lenders.The latest data from the Council of Mortgage Lenders issued yesterday, reveals that the north-east\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105757,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dramatic-rise-in-equity-release-by-over-55s-to-fund-retirement\/","url_meta":{"origin":11052,"position":3},"title":"Dramatic rise in equity release by over-55s to fund retirement","date":"April 4, 2019","format":false,"excerpt":"\r Homeowners turn to properties to raise finance\r \r Source : ft.com\r Read more...Dramatic rise in equity release by over-55s to fund retirement","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":147987,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/more-homeowners-just-started-pulling-cash-out-of-their-properties-heres-why\/","url_meta":{"origin":11052,"position":4},"title":"More homeowners just started pulling cash out of their properties. Here&#039;s why.","date":"November 5, 2024","format":false,"excerpt":"\r While mortgage rates don't exactly follow the Federal Reserve's rate, home equity lines of credit, or HELOCs, are tied to it.\r \r Source : cnbc.com\r Read more...More homeowners just started pulling cash out of their properties. Here's why.","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172034,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/homeowners-tapped-47-billion-in-equity-in-the-first-quarter-what-to-consider-before-you-borrow\/","url_meta":{"origin":11052,"position":5},"title":"Homeowners tapped $47 billion in equity in the first quarter. What to consider before you borrow","date":"June 19, 2026","format":false,"excerpt":"\r While high home values mean homeowners are sitting on an estimated $11 trillion in equity, it should not be viewed as free money, experts say.\r \r Source : cnbc.com\r Read more...Homeowners tapped billion in equity in the first quarter. What to consider before you borrow","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/11052"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=11052"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/11052\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=11052"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=11052"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=11052"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}